Examlex
The variance of a portfolio can be calculated by finding the variances of the individual components of the portfolio and finding the weighted average of those variances.
Accurate
The quality of being true, correct, or precise.
Cent
The smallest unit of currency in many countries, equal to 1/100 of the base unit.
Insurance Broker
A professional intermediary who advises individuals and businesses on insurance needs and negotiates insurance contracts on their behalf with insurers.
Annual Premiums
Regular payments made yearly to keep an insurance policy active.
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